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the samsung announcement? >> that is pretty amazing. once the news was out about samsung it took away some uncertainty. apple bucked the trend. sandra: best buy seeing a nice top. that was an up stock on a down day. >> best buy, the last quarter was a great one. they got positive analyst comments as well. jpmorgan initiated coverage with overweight rating. [closing bell rings] david: the bells are ringing. we're not at absolutely postively lowest point of the markets but very close to it as we see a down market. dow jones industrials down 61 points on the beginning of this trading week. looks like it is settling up from the down point. at one point we saw triple digit red signals from the dow, improving from that. no hope to get into the green. still off the day's lows. the s&p down about 8.5, a little more percentage wise than the dow jones. the nasdaq the least worrisome of all thee four indices. the russell 2000 down over half a percentage point. sandra: worries over cyprus's proposed plan to tax bank deposits, investors pushed back into safe assets, pushing the 10-year yield down the m
on the program. >> good to be here. >> apple and samsung accounting for one in two smartphones sold today. tell me what the competition means for the choices out there. >> i think we have finally gotten to a point where it's not just an until the iphone. we have samsung up as the pepsi to their coke. and these two companies really control most of the market share. and when you hear about a hot new phone, it's going to be one from one of these two guys. >> i think it's interesting there are 5 billion cell phones on the planet versus 1 billion pcs. everybody wants a phone. >> a country that doesn't have a laptop you have a phone with you. >> let's talk about some of the smartphones out there. samsung just announced the s4 galaxy phone, a splashy event they had than. what is your insight than phone? >> that's the big five-inch phone they had at the press event a couple of weeks ago. i checked it out. it's a really nice phone. it's a huge screen, 5-inch screens, they make them much more like portable computers. it does a lot. it's g a great camera. my big problem is it's a plastic phone, and everyo
that the samsung galaxy s4 has been unveiled. we'll speak to someone in the business of consumer electronics trade-in and we head to break this morning. bright spot. look at jc penney and melissa lee pointed this out to us. what's going on with jcp? >> somebody get herb greenberg on the phone. >> if jc penney converted to reitlike units it could go out to other retailers and that would make it $46 a share with $40 accorded to the reit part of the business. >> here you go. >> it's why we're the best in the business. we're back after this. ♪ ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ how lincoln financial can help you take charge of your future. investor. yeah, ibut i'm a busy guy.or it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i'm paying. i want to use the same stuff the big guys use. find out why nine out of ten large professional invest
for joining us. >>> it is about time. samsung tossing its hat into the smart watch ring, to keep up with rival apple. regardless of who gets to the market first, will consumers latch on to a smartphone watch? and later, what do professional football players and private equity geeks have in common? nfl executive eric grugman speaks with me about the league's latest multi-million dollar partnership and where they plan to put money to work in a few minutes. stay with us. your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the
they compete? less talk about samsung's. blackberry tomorrow. fair enough. that's a samsung. galaxy's really picking up market share. you're not worried about that. >> not worried about it. there seems to be so much attention. in all this talk. if you look at mobile phone units to year-over-year at over 29% in the fourth quarter. since i grew 12. there is a big misperception that samsung is doing so much better. smart phones. and what they're doing is moving their feature phone business is more fun. it makes this more fun growth look much higher, but the way to get rid of this is silicon mobile phone and apple & by almost threefold. cheryl: blackberry is releasing the blackberry ten tomorrow. >> not a threat at all. think it is a worthy effort that will keep them in the game. probably more of a threat to android. cheryl: apple filed a patent. he dropped the phone, it prevents it from shattering which is been one of the beckham plans for users to my phones. deasy to break. is this a game change? to you factor this in? i think that's a useful feature. cheryl: you did come back from that thousa
from samsung. lululemon doing the downward facing dog with the transparency with the iconic black yoga pants prompting the retailer to cut sales guidance and boeing clinches an order from ryanair. of course, we begin with the markets. the dow and the s&p 500 hoping to avoid their first three-day losing streak of the year. wall street will be paying close attention in about three hours from now. that country's parliament scheduled to vote on a proposed tax on bank deposits and the controversial measure appears set to go down in defeat. here in the u.s., policymakers begin a two-day meeting in which they're expected to hold current policy. this is one of the meetings where we will get a press conference and people will be hanging on every word and every use of every adjective coming out of the fed chairman's mouth. are you expecting anything? >> i think that, frankly, we are looking at a housing rebound. we're looking at industrial production rebound. we're looking at retail sales rebound and it will be really important somehow for the fed to be able to say listen, we still need rates lo
including one for a technology firm going public today. we'll talk to the model n. also samsung is launching a new product today and it's not a smartphone. we'll talk exclusively with samsung electronics america president tim baxter about what his company is unveiling and taking another look at the futures. it looks like it will be a strong open out of the gates today. the dow with an implied open plus 70 with the nasdaq following suit. more "squawk on the street" live at post 9 on the nyse when we come back. >>> it's wall street firm is jumping on the best buy bandwagon. credit suisse overweight with a $30 price target and the firm calling best buy its best near-term idea expressing confidence in its management's ability to turn the company around. credit suisse is saying it is upbeat about the best buy earnings prospects. the stock is now up almost 90% so far this year. gary balter is the analyst. jim, who i know you know well. >> yes. >> i love the note this morning more than anything. >> i mean, he's quoting bob seeger saying i know it's late. i know you're weary. a lot of people have up
loopholes. >> iphone, apples fighting back as blackberry and samsung pile on. >> a tight market. it's down to the floor of the new york stock exchange to check in with nicole, and stocks well off the low of the day, seems the initial shock is wearing off. do you agree? >> well, certainly, we are up off the lows of the day with an extremely strong dollar when we started today. that's come back a little bit. of course, the euro at four month lows, and there are continued concerns about cypress, the banks, the eurozone, and just the global picture financially. the dow, right now, at 14500, trading as low as 14404. cypress is a big concern. china is a big concern. they said china's economy is showing symptoms that sparked the crisis in 2008, the warning and saying they risk financial crisis. obviously, concerns about china. i'm going to stick to the cypress theme and put it together. the vix, fear index popped. you see the 1275 right now, up 17%. at one point, up 13%. right now, let's look at the financials because they certainly reacted. in some cases, dramatically, and the idea of them taxin
with tech giants. apple, google, samsung and now lg are all rumored to be developing smart watches. and cutting a deal: look for bi-partisan legislation to come from the senate that could overturn the tsa's decision to allow knives on planes. congress reportedly has been swamped with complaints over the tsa's new rule. where does time go? unbelievable, this is the final trading week of march. tim mulholland of china america capital graces us with his presence. we love having you on the show. what will traders be watching for in this short week? > > moving beyond cyprus, we are going to be watching, i think in the month ahead or so, the formation of the italian government, which is, i think, going to be very important for italy and for the eurozone going forward. aside from that, we have some regional fed manufacturing reports. and again, this is the end of the first quarter. we are up about 10% in the dow, and about 9% in the s&p. that is not a bad year this quarter i'd say. > what do you suspect will happen, because it is the end of the quarter here. will there be window dressing
. boeing has i issued layoff notices yet. san jose wants to keep samsung and the silicon valley. the city council is expected to approve 7 million in incentives to keep the company from moving to texas. a proposed expansion of samsung san jose facility will replace existing offices with a modern research and development campus totaling 680,000 square feet to two distinctive tan story towers. samsung semiconductor has been based in san jose since 1986. >> 6178 m there are few signs of spring and some parts of the midwest, where a storm has dumped up to a foot of snow from eastern kansas to misery. about 100 flights were canceled at lambert field in st. louis yesterday. you can see planes being the eyes in kansas city on the top right. the bottom right of colorado springs, which also saw a few inches of snow or the weekend. the storm is moving east and with the storm warnings advisory have been issued as far east as pennsylvania. >> we did see some light wane as the moving closer to the weekend. temperatures currently are in the 30's 40's and 50's. a little cooler for the north bay valleys.
for emergency crews on the scene there. >> thank you, 5:39. samsung is trying to decide between the golden state and the lone star state. what is at stake for silicon valley as the south korean company is ready for an expansion. >> the event bringing thousands of gamers and game developers together in one place today. together in one place today. that one [ male announcer ] citibank's app for ipad makes it easy for anne to manage her finances when she's on the go. even when she's not going anywhere. citibank for ipad. easier banking. standard at citibank. to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. santa rose, berkeley, and shows, and all the bay area this is abc7 news. >> good morning, at 5:42. it is monday. here is traffic on 680, at walnut creek. it looks fine. it is dry. maybe a touch windy. can you see the wind in the bouncing camera shot. we will talk with lisa about the weather and sue hall and the commute. >> same-sex marriage and the long road to the supreme court reaches the destin
incentive package for samsung. the deal was outlined back in august at this city hall ceremony with governor jerry brown, mayor chuck reed, and samsung executive. the city of austin, texas by the way offered similar incentives in an effort to get samsung to move there. >>> after seven long years and spending millions of dollars the new devil's slide tunnels are set to open today. alex savidge is there where a ceremony is scheduled in a couple hours. alex. >> reporter: this is certainly a relief to people who drive this stretch of roadway. later on today crews are set to unvail these two new tunnels. you can see the sign right now says tunnel closed. but in just a matter of hours folks will be driving through there. this will be the highway 1 bypass at devil's slide. this is a $400 million project that features two bores through the mountain. the tunnels allow drivers to avoid a section of highway 1 that has been notorious for rock slides and mud slides. it has closed the road months at a time. devil's slide has been the site of deadly accidents as well. some drivers have gone down the cliff
incentive package for samsung semi conductor. the deal was outlined in a signing ceremony with city hall governor jerry brown, mayor chuck reed, and samsung electronic executive. it includes tax breaks and equipment reimbursements. the city of austin, texas offered similar incentives trying to get samsung to move there. >>> the long awaited devil's slide towns could open as early as today. alex savidge is joining us live in pacifica where the ceremony will be hold in a few hours. alex. >> reporter: after eight years of drilling and digging and tod these two new tunnels. this is the highway 1 bypass heres at the devil's slide. these tunnels brand new. take a look at them. live this morning. they are just shy of a mile long and they will create a safe and problem free way for people to get between pacifica and the half-moon bay area. this is a $400 million project that features to bores through the mountain. the tunnel allows drivers to avoid a section of highway 1 that has been plagued over the years by mud slides and rock slides. in many cases those slides have closed the two lane road f
city council is expected to approve a $7 million incentive package for samsung. the deal was outlined back in august at this city hall ceremony with governor jerry brown, mayor chuck reed, and samsung executive. the city of austin, texas by the way offered similar incentives in an effort to get samsung to move there. >>> after seven long years and spending millions of dollars the new devil's slide tunnels are set to open today. alex savidge is there where a ceremony is scheduled in a couple hours. alex. >> reporter: this is certainly a relief to people who drive this stretch of roadway. later on today crews are set to unvail these two new tunnels. you can see the sign right now says tunnel closed. but in just a matter of hours folks will be driving through there. this will be the highway 1 bypass at devil's slide. this is a $400 million project that features two bores through the mountain. the tunnels allow drivers to avoid a section of highway 1 that has been notorious for rock slides and mud slides. it has closed the road months at a
for samsung semi conductor. the deal was outlined in a signing ceremony with city hall governor jerry brown, mayor chuck reed, and samsung electronic executive. it includes tax breaks and equipment reimbursements. the city of austin, texas offered similar incentives trying to get samsung to move there. >>> the long awaited devil's slide towns could open as early as today. alex savidge is joining us live in pacifica where the ceremony will be hold in a few hours. alex. >> reporter: after eight years of drilling and digging and building, finally later on today crews are set to unvail these two new tunnels. this is the highway 1 bypass heres at the devil's slide. these tunnels brand new. take a look at them. live this morning. they are just shy of a mile long and they will create a safe and problem free way for people to get between pacifica and the half-moon bay area. this is a $400 million project that features to bores through the mountain. the tunnel allows drivers to avoid a section of highway 1 that has been plagued over the years by mud slides and ro
, is in the supply chain. s samsung in dominant in screens and trying to get them to secure them with the right supplies and components. companies like sharp having trouble, lg losing money in phones. maybe apple needs to deploy more of their cash in the supply. maybe even an acquisition. >> an investment in their future. that's what jon says. julia, how about you? >> i'm with jon on acquisition. it obviously sells a lot of content but it's facing more competition than ever. it could buy twitter for $10 billion, netflix. apple has the kind of cash that it can make a serious acquisition to take the media business in a new direction. >> netflix is an interesting idea because apple tv does the same things that netflix does. all right. next, the battle between apple and samsung does. samsung is developing a wearitable digital watch after apple was working on a smart watch. is anybody going to do this, julia? is anybody going to wear these things? >> i think it's a great idea. it's a smart watch called the pebble. it raised over $10 billion on kickstarter. the website says that they have people that
especially when samsung wants out. over $7 million worth of incentives to say it is money well spent? let's ask our panel. what you think? >> it is lovely to try but i am surprised that san jose has $7 million to give away. but if the state has not been providing an attractive business climate and policies are bad for business in this economy economy, they will go where they need to go. if governor period texas can't attract business and is good for texas and good for period sounds like a short-term bribe. >> you could always wonder if what you did for samsung do for us. >> this creates a cycle that you could call this extortion if you try to seek a better deal to get concessions where you are. but mark my words sam stone -- samsung is thing they are it is a benefit to be in silicon valley a huge pipeline of future talent. neil: but that is the issue. people are leaving. >> not as huge but mark my words this is their attempt to make business bottom line a little bit friendlier for staying in they are extorting the city of san jose and others will follow suit. >> extortion? it is of seriou
. >> thank you. >>> what will it cost to keep samsung in the south bay? plus a show of unity,ty, the hand over secretary of state john kerry made today during his unannounced visit to afghanistan. Ñw? >>> prince harry is scheduled to visit the united states in may. he is expected to play polo in connecticut to raise money for a charity. he plans to visit aural national cemetery and see game -- arlington national cemetery and see games. and he plans to visit with victims of hurricane sandy. >>> secretary of state john kerry smoothed over reports. >> i am confidence the president does not believe the united states has any interest except to see the sal ban make police -- taliban make peace. [ inaudible ] >> does not mean a collusion between the united states and the taliban. >> this meeting came on a day when the united states handed over to the afghans its prison. they decided to the hand-off a year ago but the united states hesitated. >>> they will issue a ruling in 8 hours on whether or not amanda knox will be tried again for murder. amanda knox was not in court for today's six hours of
. >> thanks. melissa: the rivalry is heatings up between apple and samsung. sources say samsung is developing a new product similar to a wristwatch that will have many capabilities of a smartphone. this news comes just after samsung released its new galaxy s4 smartphone last thursday and just last month, news about apple experimenting with a smart watch of its own surfaced. samsung and apple are the world's two top mobile device companies. both are developing new products as smartphone sales have begun to slow down. you need a smart watch? lori: i can't keep up with all the technology. moving too fast and furious for me. melissa: there you go. tonight on "money", boone pickens will weigh in whether we are losing advantage in natural gas to china. china is opening up natural gas fueling stations for transportation, like 50 in the u.s. over next year or so. he will join me 5:00 p.m. eastern on fox business because he said years ago we should use natural gas for transportation. a lot of people thought he was talking his book. but turns out he was absolutely right. >> the white house says treasur
to keep samsung in the silicon valley. the city council is expected to approve $7 million in incentives to keep the company from moving to texas. a proposed expansion of samsung's san jose facility would replace existing offices with a modern research and development campus totaling 680,000 square feet in two distinctive 10-story towers. samsung semiconductor has been based in san jose since 1986. watching these gas prices, we are watching gas prices coming up on a kron 4 morning news. a look at your forecast and a live look outside of the bay bridge toll plaza. and a mild start. changes and details coming up 97 >> welcome back. changes for the middle of this week with the forecast. >> yes we can see some sprinkles even tomorrow. the extensive morning fog. cloudy conditions and temperatures are on the mild side. with a 20-30 percent chance for rainfall. the sea breezes will increase and 50's for the coast. saying goodbye to the 70's for the next couple of days. anticipate mostly cloudy conditions with currently 46 out the door for san mateo. mostly cloudy conditions. as for the afternoo
lickly up. it is going to reach the samsungs and an droids and apples of the unid states? . they are in double digit territory. you know, this is something that i think enterprise users look at saying, listen, we worked with blackberry 7 for a long time, and, you know what? it's time to move on to something different and more updated -- something to be, you know, reflective of what we want in 2011, not something we used since 2009 and 2010. shibani: all the phones i have, the iphone, my z10, and my regular blackberry i think they made a critical mistake in not getting the phone with the keyboard app. i have a 3-year-old keboard phone and will not give it up. this was a critical, i think, misstep, that the company did not take, and to win over very important customers, but they got time for that. ramone, thank you very much for joining us today, and, of course, we want know what you think because that's what matters most. here's the question tonight. which smart phone do you prefer? do you like the blackberry? , iphone, or android phone? log on to gerriwillis.com, and vot
: in that case, i'm all for it. let's go to apple for a moment. they may be starting to get nervous with samsung launching the galaxy last week. don: here is more on this. >> we're seeing a new side of apple. they're on the defensive as more and more criticisms and comparison come in after that launch of that new samsung galaxy 4 that we talked about extensively on friday. they've updated the website over the weekend, not too aim specifically at one device, just all the competition out there. apple updating the website with a new brag sheet about all the features that the iphone has that others don't. there's the iphone and then there's everything else. some of the things that it is touting, it's j.d. power and associates award, the aluminum case, great battery life without a great big battery itself. it's directing an arrow right at the samsung galaxy four that i mentioned came out last week and some features that it has, it has a plastic, not aluminum casing, a big battery life and a big battery at that. no retina display but many features that the galaxy phone has that the iphone doesn't, inc
the samsung company from their new jersey headquarters, mr.m.j. han. mr. han, we're happy to welcome you here on behalf of the chairman of samsung, our good friend and longtime member of the heritage foundation. we're delighted to have so many members of the diplomatic corps here with us. ambassador hang from cambodia is here this morning, ambassador quishea from the philippines is here, ambassador jalal from indonesia is here. we also have the dcms from a number of our asia-pacific partnerships including australia, japan, singapore, thailand and vietnam. we have hong kong's commissioner for economic and trade affairs, donald tong, with us today, and it's always good to see him. leo lee from tech row is here, and i thank all of you for making a special effort to be with us here today to welcome the chairman of the house committee on foreign affairsment again, this is a confluence of several anniversaries, the 16th time we've convened to celebrate the life of the late chairman cho, the founder of the samsung group with a major address on asian policy. mr. chairman, today you are succeeding a l
. it takes on market leaders apple and samsung and they have soared more than 150% in just the past six months. 150 -- i mean, this is a classic sort of dash for trash that we've seen so far this year. >> i like that, yes. where there are a lot of stocks that people questioned the future of the stocks and they questioned the quality of the stocks and these are the ones that had been gaining. >> right. blackberry, bed bath and beyond, best buy, hewlett-packard. >> yes. >> all companies thought to be on the ropes and all companies resurgent and all companies very inexpensive if they get it right. if they get it right, blackberry has no problem. >> eric schmidt will be in line because he's using one with the keyboard so he would have to wait for the q10 and not the z10 because ironically he uses a blackberry. he likes the keyboard. >> i'll tell you what's ironic, when i went to my college reunion. steve ballmer was using a nokia. why? microsoft -- >> exactly. he said look at this. oh, my god, i've never seen one of those. >> because nobody has one. >> if he'd pulled out a blackberry, it wo
that allows for amazing improvement of technology and this is a good way to play samsung and earlier this month they had a huge victory in late-- >> emerges. charles: immersion. that's the thing i grapple with. when they signed this deal earnings go up. a ton of money off this not just samsung, but a lot of other companies and this is a grand slam. stuart: sorry, a grand slam? >> a grand slam. it's a high beta stock and could be more volatile than normal. stuart: what's the name? >> immersion. stuart: immersion. i've got it. new york's mayor mike bloomberg. i jumped the gun. hold on a second. new york's mayor mike bloomberg, he says the poor need guidance and a nanny, dare i suggest that he might be right? here is my take. in obama's world, i am forced to be my brother's keeper. i am taxed to the hilt. i pay the bills for others. i fund medicaid, i fund food stamps. i buy the cell phones and subsidized housing. i pay the heating bills, college costs and pay for just about everything else, including tattoo removal. so, why shouldn't i have some say in the behavior of the people gettin
in a growing sector. so they don't have to beat the pants off of samsung at this level. what they have to do is keep participating in the movement of smartphones, of ipads, of computer, computer mobile computing. and they have got lots of room to go in china. they come out with any kind of catalyst, a cheaper iphone for china, or apple tv, there is so many possible catalysts that will send this stock, maybb back to 500. maybe a little more. we think it is cheap right here. liz: john, i didn't mean to characterize you as bearish but you're out there investing as well, but defensively in what? >> correct. that's the case. we are not bear. we think as the market goes higher we want to take a few chips off the table and posture our portfolio more defensively and sectors like healthcare, we like the vanguard health care etf. symbol vht. we like the energy sector but like to play it defensively also. we like mlp and energy income fund. we're still in emerging markets. we want to be more conservative. we like the matthews asia growth and income fund. we're defensive but doing it more --. david: cur
about smart watches these days. apple is reportedly working on one and samsung announces it will enter the smart wach market. will these devices live up to the hype? it's all coming up on "closing bell." urned heinto a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just stay alive... but feel alive. the
. it's meant to be out there competing with samsung devices and also apple products. wile we've son-in-lonly about t sold here at this story, there are still a lot of blackberry fans out there that are praising this device. >> blackberries have always had the best keyboards, but the way they implemented this with swooip with auto complete is pretty cool. the way to peek at your key hub, and the integration with facebook and twitter. so you can have a hub of all your interactions is, i think, a neat feature. >> now, as that gentleman said, obviously, there are a lot of users out there that are noticing these differences and it's blackberry who are hoping they'll like it and embrace the phone and hopefully pick up a little bit of market share. but just as the z-10 is making its debut, there are also reports out that apple is going to be coming out with the iphone 5s and the ipad 5. that would be on june 29th, according to those reports. so the smartphone wars are really far from over. and i want to mention that blackberry shares are down significantly this afternoon, more than 8%. bil
. samsung's done that. no one else has managed that. the problem looking purely at enterprise side misses the fact people have to have two devices if you take that view or you need to have confidence people will be -- >> bill and i both have two devices. >> i should say, i do have two devices here. >> make the argument simple. i described a company that had 50 million subs at $100 a year. lower than what they make now. at a 40% operating profit. re recur ing. what would you pay for that? probably a lot. we see the ipo of air watch are good, going to be valued probably in the multiple billions of dollars at a fraction of the subs, fraction of the revenue, we would argue that's the real opportunity. we totally agree the z-10, all these hand sets, rim can't compete. that's why we think a chinese tie-up is the way to go. earnings are going to be positive in may. that's the key. >> it has had a spectacular fall from grace over the year. we know that. whether it can come back or not depends on the handset coming out now. good to see you both. yes, this goes to the smi smithsonian when i'm finis
is blackberry's device looking to compete with samsung and also with apple. its completely touch screen and lost that keyboard that so many users like. according to com score blackberry has 8% of the smartphone market compared with 50% with android and 34% with apple. blackberry used to have 39% of the share. we do have one of the phones here. looking at it earlier. obviously it's sleek. it's got that 4.2-inch screen, the touch screen that we talked about. it's got an 8 megapixel camera. doesn't have a lot of buttons on it, nothing like the iphone with the home screen and, of course, can you see that it's got the icons for the ap pz as well. 100 apps available at the digital store where there's 700 in the case of the iphone. simon, over to you. >> do you like it, jackie? >> reporter: you know, i liked it, but i think it's going to take a little getting used to. i do have an ipad, used the iphone of friends of mine. intuitively different, tried to make it different on purpose so i think it will take a while to get used to. >> the view on blackberry sales. let's check the bond market at the cme, m
question is, is it better than, you know what. the iphone. or even samsung. the android phones. connell: let's talk about farmland now. prices have doubled since 2009. it is leading to the talk that there may be a bubble forming in the markets. dagen: jeff flock is on a farm in grundy county, illinois. it looks cold. jeff: what is hot right now is farmland. i am standing on a piece of ground that will be auctioned tomorrow. i have the man who is going to do it. he has seen a lot of stuff over the years. take a look at these numbers first. that is crops. the increase of price and crops versus the increase of price and farmland. it pretty much years one another. >> it sure does. jeff: if you take a look at a map, it shows you where. right here is one of the highest increases in the country. >> yes. grundy county has some of the highest land prices. jeff: by the way, he draws up in one of his talks. he has an auction is up there. that is where he does it. right in the middle of the field. >> right. we drive right through the farm machinery and sell it that way. jeff: you did not get a bubb
comes from samsung. what a client to have. it is one that people should take a look at. i think it will be a huge when. less than $11. tracy: 66. charles: we are down four or five dollars. i wish i would have jumped on it then. tracy: what does this do to apple? charles: i don't know. tracy: good stuff. we have to go down to washington, d.c. we have breaking news. bernanke speaking. peter barnes got a sneak peek. peter: he wants to talk today about currency. we will have to wait for the q&a for any comments on cyprus and the banking system there. in his remarks, bernanke dismisses critics. he does not mention japan by name, but the yen has tanked since japan announced more stimulus. due to these policies, currency wars, he says that no, the benefits are not created. they, instead from the support for domestic demand. moreover because of stronger growth in each economy. it has the beneficial spillovers to trading partners. there will be a test later. thank you. ashley: there are always two sides of the story. central banks have been doing it all around the world. tracy: i know. p
including products made by samsung, lg. while officials investigate it,t proves how costly cyber crime is. the south korean index is down about 1%, this is shut down in many parts of this nation and something that has really caught the attention of businesses, government officials, the military, etc. in this nation as well. we are seeing it happen more and more across the entire globe. connell: we're definitely talking about it more and more. i wonder, in south korea, this is not exactly news. it may be the political sensitivity of it happening now with north korea, south korea conflict was back in the news so much. >> they do have and they are happening more and more not just in south korea, but across the world. covering some of the cyber attack issues this nation is tackling, businesses are tackling. it is all about the timing and the sensitivity and how pervasive it was. again, broadcasters, television screens going blank, not a military attack, it was financial institutions, something that was so widely ceased by the public is kind of shook everyone confidence. you see stuff like thi
companies we do business with in the united states including samsung, lg and hyundai. it provides another very clear example of just how costly cyber crimes are. in fact south korean index fell 1% today and business halted in many parts of that nation. yet another red flag for us to pay attention to write here. melissa: thank you so much. lori: as we count down to today's fed decision coming at you, one former fed economist says he wants to know how ben bernanke plans to stop pumping money into the economy and what the ramifications will be if he does. melissa: and we may have a deal on capitol hill for the keystone pipeline. lawmakers may be ready to move ahead without the president. and we cross over all-time intraday high for the dow today. look at which stocks are benefiting from the move. flying higher. we will be right back. lori: the federal reserve announcement at the top of the hour, 2:00 p.m. eastern. while my next guest is in expecting policy change, he says we may get some new insight into how long fed chief ben bernanke can keep pumping money into the economy. the chief monet
of iphone and samsung make up over 70% of the market. blackberry, 3%. the future of the company rides on what the people think about what they think about the z10. a choice of lot of corporations. they have thousands of employees who have this device. >> the galaxy, that would only get me to switch from the iphone. >> i don't want to interrupt the discussion right now, but a major trending story. the star of groundhog day. not bill murray, but pu punxsutawney phil is being sued by a prosecutor. the charge? misrepresentation of an early spring. joining us by telephone, i believe tongue firm until cheek, michael moser, prosecutor in butler county, ohio. you are suing. please explain the justification. >> this is an indictment. kral charge against punxsutawney phil. we're sick and tired of winter here and old phil let us down. >> have you a sense of motive in this? what possible justification could he have for misrepresenting the weather, sir? >> in pennsylvania, i think they just want to laugh at us, so we're trying to have the last half. there's an old saying that prosecutors can indic
phone and samsung's galaxy s3. blackberry has a lot of ground to make up. android and apple's ios operating systems make up 70% and 20% of smartphone sales. look at that. the blackberry has just a 3% share here. its success -- the success of the company depends on this one product. >>> another product, miami heat merchandise is hot! just like it's hot streak. a industry report says sales of heat gear are up 30% this year. this comes as the team's winning streak is now at 24 games and counting. but all those lebron james and chris bosh jersey's don't mean much for the heat's bottom line because proceeds from the nba licensed merchandise is split evenly among all 30 teams. did you know that? but clearly, clearly customers want to wear their favorite teams on their backs. >> some. >> protesters took to the streets in cyprus. lawmakers have come up to a plan to raise money by monday or else the european central bank will stop providing cyprus with emergency cash. if a deal goes through it will be the fourth european country to get a bailout. here in the u.s., investors seem to be taking it in stride. f
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